Zhu worked at the
World Bank as an economist for six years from 1990 to 1996, and taught economics at both
Johns Hopkins University and
Fudan University. From 1995 to 1996, he worked as a chief technical advisor for China's Agenda 21 at the
United Nations Development Program. Zhu then held various positions at the
Bank of China starting in 1996, eventually rising to become group executive vice president, responsible for finance and treasury,
risk management,
internal control, legal and
compliance, and strategy and research. In 2009, he became a deputy governor of the
People's Bank of China and was responsible for international affairs, policy research, and
credit information. Additionally, Zhu serves as vice chairman to the China Institute for Innovation and Development Strategy. Zhu is a member of the Board of Trustees of the
World Economic Forum.
International Monetary Fund On February 24, 2010, Zhu was appointed as special advisor to managing director of the
International Monetary Fund (IMF)
Dominique Strauss-Kahn, in a move to strengthen the IMF's understanding of Asia and the
emerging economies and to promote
sustainable growth and financial stability. Zhu assumed his position on May 3, 2010. On July 26, 2011, Zhu assumed the position of deputy managing director of the
International Monetary Fund. Zhu thus become the third Chinese to take on a senior position in a top
international financial institution after
Shengman Zhang, former managing director of
The World Bank and
Justin Yifu Lin, former vice president and
chief economist of
The World Bank. After the
2008 financial crisis, China was expected to play a more important role in the
international community and the IMF also stated that the organization called on giving more votes to China. Zhu left his position as deputy managing director at the IMF in July 2016, at the conclusion of his five-year term. He is an adviser to the
China Finance 40 Forum (CF40). ==Career timeline==